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Benzinga
Benzinga
World
The Bamboo Works

Dental Doctor All Smiles in IPO Bid, But New Policy Could Bring Financial Toothaches

Key takeaways:

  • Dental Doctor Medical has applied for a Hong Kong listing, reporting a gross margin of 54.6% in 2021 – much higher than the industry average of 31%
  • China’s plan to include dental implant equipment in centralized procurement programs could significantly reduce costs for company’s government-owned competitors
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